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Bank of Montreal - Wikipedia The Bank of Montreal (French: Banque de Montréal, pronounced [bɑ̃k də mɔ̃ʁeal]), abbreviated as BMO (pronounced ˈbiːmoʊ BEE-moh), is a Canadian multinational investment bank and financial services company The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank, [4] making it Canada's oldest bank [5] In 2023, the company’s seat in the Forbes Global 2000 was 84 [6
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BMO Financial Group reports $2. 3B fourth-quarter profit, raises dividend TORONTO — BMO Financial Group raised its dividend as it reported a profit of $2 3 billion in the fourth quarter, boosted in part by a reduction in provisions for bad loans as it works to adjust its U S banking operations